IPONSE IPO opens Sept 17 at ₹1,700-1,785 band, SBI set to earn ₹2,851 crore
The National Stock Exchange's ₹22,569 crore IPO opens for subscription on September 17-21, 2026, with shares priced at ₹1,700-1,785 each, making it India's second-largest public offering after Hyundai Motor India's ₹27,870 crore IPO. Major shareholders including State Bank of India, New India Assurance, and SBI Capital Market are set to earn substantial returns ranging from ₹1,071 crore to ₹2,851 crore respectively, while BSE shares declined 3% following the announcement.
